Banking startup N26 is preparing to launch in Brazil. This was announced by founder Maximilian Tayenthal at the Mobile World Congress in Barcelona. Brazil is the second non-European country after the US where N26 wants to offer its services. However, the US launch is planned ahead of Brazil in the…
Comments closedMonth: February 2019
The London Securities Exchange Group (LSEG) has led a USD 20 million investment round in startup fintech Nivaura, Reuters reported on February 27. The British startup blockchain is the creator of the first world bonus, supposedly crypto-denominated, established in a blockchain. LSEG paid an undisclosed amount for a minority stake…
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One of the positive results of the boom and bust of bitcoin has been to attract millennials to invest in traditional assets, according to a new study by eToro multi-asset and social-commerce brokerage firm. According to eToro, around 73% of the new investors that signed the firm in 2017 and…
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Mizuho Bank will partner with more than 60 financial institutions to use its J-Coin Pay platform while serving more than 59 million customers. Mizuho Financial Group, one of Japan’s largest financial institutions, plans to launch its own digital currency called J-Coin. Last week, on February 21, local news publication Nikkei…
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Bank Frick, a Liechtenstein bank known for its pioneering role in blockchain banking, is launching DLT Markets (DLT Markets), an institutional subsidiary for crypto currency trading, as announced on 20 February. Going to the crypto market Bank Frick, a Liechtenstein institution, plans to launch an institutional crypto currency trading platform…
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The new «IFZ Fintech Study 2019» of the Lucerne University of Applied Sciences shows a sizeable growth of 62 percent for the sector in 2018 compared to the previous year. But not only quantitatively does the importance of fintechs increase: The study also notes that the “scene” has become more…
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Lucerne University of Applied Sciences undertook a comprehensive review of the Swiss fintech market for the fourth time. The study shows that the local FinTech sector has again grown strongly and continues to gain importance. She also explores the question of how traditional banks deal with digital evolution. This year…
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Electric car startup Rivian has announced an Amazon-led $ 700 million financing round. A few days ago, it was already leaked that Amazon and General Motors want to start with minority interests in Rivian. Rivian and General Motors So there is already a confirmation for the investment of Amazon. The…
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Konux has raised another $ 13 million as part of an expansion of its Series B round of financing. Thus, the sum of the current financing is now a proud $ 33 million. Involved in the round are lead investor New Enterprise Associates (NEA), Upbeat Ventures, MIG AG and the…
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There have been breakthroughs in the discussions, including a possible framework for Volkswagen to cooperate and invest in Argo AI, Ford’s startup for autonomous vehicles, people familiar with the matter said. They asked not to be named, because the talks are confidential. The automakers would have discussed an approximate valuation…
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